NQF credits: 16
Fourth year status‚ first semester‚ one double lecture and one double tut per week.
Course Convenor : Malcolm Keswell
See admission requirements for Honours in Economics. ECO4112F Maths and Stats for Economists or equivalent is also required or at the discretion of the Head of Department
The course provides a solid grounding in the fundamental techniques of econometrics‚ developing tools with which to estimate models‚ test hypotheses and generate forecasts of economic activity. It is a basic but thorough introduction to econometrics that assumes little prior knowledge of the subject (although some mathematical and statistical aptitude is required). The main focus is on the Classical Linear Regression model (CLRM) and the problems encountered when its assumptions are violated (i.e. multicollinearity‚ heteroscedasticity and autocorrelation). Additional topics include dummy variables‚ dynamic models and cointegration analysis. The course has a strong practical component in which students learn to apply specialist econometrics software to practical problems.
DP requirements: None.
Assessment: Assignments‚ tests and examination count for 100%.
Last updated : 15 Jul 2015
Staff Members on this course :
A/Prof Malcolm Keswell